Malaysia post plans to buy a Middle East Express company at the end of the year

Source: Internet
Author: User
Keywords Malaysia

Http://www.aliyun.com/zixun/aggregation/38399.html "> Malaysia post plans to acquire a Middle East Express company at the end of 2012 to broaden its international logistics business, which is part of the company's transformational development strategy.

At present, Malaysia Post has been completely privatized, the company's new shareholder is the Malaysian drb-hicom United group. Through organic growth and acquisitions, the company plans to make itself a diversified group of supply chain solutions, digital services, communications and distribution operations in 2017.

The chief executive of the Malaysian Post says the company will rely on the physical distribution network in the future, on the basis of "communication and distribution", "one-stop Solution" and "digital solution", we will make full use of the advantage of the high penetration rate of the Southeast Asian countries ' network and mobile phone, and provide the "supply chain solution" at the domestic and regional level.

2011, Malaysia postal turnover achieved 306 million euros, pre-tax profit of 41 million euros. The company's future goal is to achieve double-digit growth, raising the current 12% per cent profit margin.

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